Le Groupe Ecobank lance la toute première obligation nature au monde, mobilisant des capitaux mondiaux pour protéger les écosystèmes naturels de l’Afrique

Source: Africa Press Organisation – French

Le Groupe Ecobank (www.Ecobank.com) a lancé, à la Bourse de Londres, la première Obligation Nature au monde émise par une banque commerciale, conformément aux principes de l’ICMA, créant ainsi une nouvelle voie pour orienter les capitaux internationaux et africains vers la protection de la biodiversité africaine.

L’agence de notation Moody’s a attribué à cette opération sa plus haute note de qualité en matière de durabilité, SQS1 Excellent. L’obligation soutiendra les agriculteurs africains, les entreprises d’agriculture durable et les systèmes hydriques, contribuant ainsi à protéger certains des écosystèmes les plus importants de la planète.

Des impacts concrets en Afrique

L’Afrique abrite une partie des capitaux naturels les plus importants au monde, notamment des terres arables, des forêts tropicales, des systèmes d’eau douce et une biodiversité s’étendant sur des centaines de millions d’hectares. Pourtant, jusqu’à présent, les capitaux privés dédiés à la nature n’ont pas afflué vers l’Afrique à la hauteur de l’importance écologique du continent pour la résilience écologique mondiale. Bien qu’elle abrite 25 % de la biodiversité mondiale, l’Afrique reçoit moins de 3 % des financements consacrés à la nature.

L’Obligation Nature d’Ecobank constitue une réponse directe à ce déficit. Elle soutiendra les petits exploitants agricoles adoptant des pratiques agricoles durables, les entreprises de transformation agricole dotées de chaînes d’approvisionnement vérifiées sans déforestation, ainsi que des infrastructures hydriques protégeant les écosystèmes d’eau douce dont dépendent des millions de personnes. Contrairement à de nombreux instruments de financement axés sur la conservation, l’Obligation Nature d’Ecobank canalise directement les capitaux vers l’économie réelle africaine — en finançant des entreprises et des communautés dont les activités quotidiennes influencent les résultats environnementaux à grande échelle.

Les investissements seront réalisés dans 24 marchés, avec un déploiement important dans des pays prioritaires pour la biodiversité tels que la Côte d’Ivoire, le Burkina Faso et le Ghana. Fait important, 81 % du portefeuille de prêts éligibles est alloué à des pays où le changement d’affectation des terres agricoles constitue le principal facteur de perte de biodiversité, ce qui permet d’orienter les capitaux vers les zones où ils peuvent avoir le plus grand impact environnemental.

Le cadre intègre également des mécanismes indépendants de suivi et de vérification, notamment des contrôles de déforestation et des exigences de traçabilité des chaînes d’approvisionnement, afin de garantir que les activités financées produisent des résultats mesurables et positifs pour la nature. Chaque prêt éligible est assorti de sept conditions de durabilité vérifiées de manière indépendante.

Le lancement de cette obligation intervient également à un moment où les gouvernements et les investisseurs du monde entier font face à une pression croissante pour mobiliser des capitaux privés en faveur de la protection de la biodiversité et de l’utilisation durable des terres.

Qu’est-ce qu’une Obligation Nature ?

Une Obligation Nature, selon la désignation secondaire de l’ICMA, exige que les fonds levés contribuent activement à des résultats positifs pour la nature, notamment en transformant les activités économiques afin de réduire à grande échelle les facteurs de dégradation de la nature.

L’Obligation Nature a été conçue pour atteindre ceux que les instruments axés sur la conservation n’avaient pas été conçus pour servir les agriculteurs, les transformateurs agricoles et les opérateurs de l’eau dont les activités quotidiennes déterminent collectivement les résultats des écosystèmes.

Alors que les obligations vertes financent généralement un large éventail d’objectifs environnementaux, la désignation Obligation Nature concentre l’utilisation des fonds spécifiquement sur des résultats liés à la nature, notamment la biodiversité, l’agriculture durable, l’utilisation des terres et les infrastructures hydriques.

L’opération

L’obligation de 450 millions de dollars US a été fixée à l’issue d’une forte demande des investisseurs, le carnet d’ordres final dépassant 1,36 milliard de dollars US, soit 3,9 fois l’objectif initial. La vigueur de la demande a permis à Ecobank d’augmenter l’opération de 100 millions de dollars US et de resserrer le prix de 50 points de base.

L’opération a bénéficié du soutien d’investisseurs internationaux et africains, démontrant la capacité unique d’Ecobank à mobiliser des capitaux à la fois sur les marchés mondiaux et africains.

Pour la première fois, les marchés internationaux et africains des capitaux disposent d’un mécanisme crédible et évolutif pour financer la protection du capital naturel africain à travers les communautés qui en dépendent.

Jeremy Awori, directeur général du Groupe, Ecobank Transnational Incorporated, a déclaré :

« Cette opération marque un moment décisif pour la finance durable en Afrique. Les investisseurs ne se sont pas contentés de soutenir cette obligation ; ils en ont demandé davantage, nous permettant d’en augmenter la taille et d’en resserrer le prix.

Nous ne sommes pas une banque qui se contente d’apposer une étiquette sur des obligations. Nous avons passé quatre années à mettre en place les systèmes, la gouvernance et les mécanismes de redevabilité nécessaires pour rendre le financement de la nature crédible et évolutif en Afrique.

En définitive, cette obligation concerne les agriculteurs, les coopératives et les communautés dont les moyens de subsistance dépendent d’écosystèmes sains.”

Rachael Antwi, directrice groupe du développement durable, Ecobank Transnational Incorporated, a ajouté :

“La finance en faveur de la nature ne pourra se développer à grande échelle en Afrique que si elle est concrète, mesurable et connectée à l’économie réelle. Cette obligation a été conçue dans cette optique, en reliant les capitaux internationaux à des prêts éligibles destinés à l’agriculture durable et aux infrastructures hydriques dans 24 pays. Elle reflète les systèmes et les normes qu’Ecobank a mis en place pour garantir que le financement de la nature soutienne à la fois la résilience environnementale et les communautés dont les moyens de subsistance dépendent d’écosystèmes sains.”

Distribué par APO Group pour Ecobank Transnational Incorporated.

Contacts Médias :
Christiane Mbimbe Bossom
Group Communications
Ecobank Transnational Incorporated
Email: groupcorporatecomms@ecobank.com

Hudson Sandler
ecobank@hudsonsandler.com

À propos du Groupe Ecobank (ou « Ecobank Transnational Incorporated » ou « ETI ») :
Le Groupe Ecobank est le premier groupe bancaire panafricain privé, doté d’une expertise africaine inégalée. Présent dans 34 pays d’Afrique subsaharienne, ainsi qu’en France, au Royaume-Uni, aux Émirats arabes unis et en Chine, sa plateforme panafricaine unique offre un point d’accès unique pour les paiements, la gestion de trésorerie, le commerce et l’investissement. Le Groupe emploie plus de 14 000 personnes et propose des produits, services et solutions de banque de détail, banque commerciale, banque de grande entreprise et banque d’investissement à plus de 30 millions de clients, à travers de multiples canaux, y compris numériques. Pour plus d’informations, veuillez consulter www.Ecobank.com.

Media files

Mashatile secures investment commitments during India visit

Source: Government of South Africa

Mashatile secures investment commitments during India visit

Deputy President Paul Mashatile says South Africa has secured commitments from Indian business leaders to expand investments in key sectors of the economy following the successful conclusion of the first leg of his working visit to India.

Addressing members of the media on Tuesday upon the conclusion of the first leg of his Working Visit, Deputy President Mashatile described the visit as highly productive and said it had strengthened the long-standing strategic partnership between South Africa and India while opening new opportunities for trade, investment and economic cooperation.

The Deputy President is leading a delegation of Ministers and Deputy Ministers on a working visit aimed at deepening bilateral relations and positioning South Africa as a preferred investment destination. 

“We have come to the capital of India to build on the long-standing friendship and partnership between our two countries. Currently, India ranks among the top 10 investing countries in South Africa.

“The purpose of this visit has been to strengthen our trade and investment relations. As such, we engaged business associates, current investors in South Africa and India, and those who want to invest in our country,” Deputy President Mashatile said. 

During the first leg of the visit, Deputy President Mashatile held high-level engagements with Indian leaders, including Vice President Chandrapuram Ponnusami Radhakrishnan and President Droupadi Murmu.

The discussions focused on strengthening cooperation in trade, investment, skills development, infrastructure and multilateral cooperation.

According to Deputy President Mashatile, the engagements reaffirmed the historic relationship between the two countries and highlighted opportunities for greater collaboration in trade diversification, investment promotion and skills development.

“Our meetings reaffirmed our historic common bond of cooperation and friendship between South Africa and India and the deep cooperation in the areas of trade diversification, investment promotion, skills development, and multilateral cooperation in such areas as BRICS, IBSA, the G20, and the United Nations,” the Deputy President said. 

He said both countries were seeking to align their cooperation with Africa’s Agenda 2063 and India’s Viksit Bharat 2047 vision to advance inclusive growth and development across the Global South. 
A key component of the visit was engagement with Indian business leaders and investors.

Deputy President Mashatile delivered a keynote address at the Global Trade and Technology Council of India (GTTCI) Business Round Table and met with representatives of the National Association of Software and Services Companies (NASSCOM), one of India’s leading technology industry organisations.

“There was consensus on South Africa and India transitioning from dialogue to action, aiming to transform historic solidarity into a future-oriented partnership centered on innovation, industrialization, and shared prosperity,” he said.

The South African delegation also met with major Indian companies operating in sectors including energy, water, infrastructure, agriculture and information and communications technology.

These included Mahindra Group, Jindal Power, IGT Solution, Thermax and UFlex.

“Our discussions focused on expanding investment footprints in South Africa in sectors such as renewable energy, automotive manufacturing, mining, and infrastructure,” he said. 

The parties also explored opportunities to strengthen cooperation in agricultural exports and agro-processing, mineral beneficiation and vaccine manufacturing.

Outcomes 
Among the major outcomes of the visit was a commitment by Indian industry leaders to increase investments in South Africa, particularly in clean energy, pharmaceuticals, ICT and automotive components.

Deputy President Mashatile also welcomed progress on agricultural trade following India’s notification of in-transit cold treatment for South African citrus exports.

The development is expected to create new opportunities for South African citrus producers seeking greater access to the Indian market.

The Deputy President said the visit had further strengthened cooperation between the two countries on reforming global institutions and advancing the interests of developing nations through multilateral platforms.

He noted that South Africa and India had also agreed to deepen people-to-people relations, recognising the strong cultural and historical ties between the two countries.

“This visit has laid a solid basis for greater cooperation and development of a better future for all. It has positioned South Africa as India’s gateway into Africa under the African Continental Free Trade Area, while reinforcing our role as a reliable partner in advancing the development agenda of the Global South,” he said. 

Second leg 
The second leg of Deputy President Mashatile’s visit will take him to Hyderabad, where he is expected to engage leaders in the pharmaceutical and information technology sectors.

The discussions will focus on expanding partnerships that support innovation, youth employment and economic growth.

“I committed myself to growing investment in South Africa and to building mutually beneficial relationships with India, rooted in shared prosperity. Our business in South Africa and India will be facilitated,” the Deputy President said.

The Deputy President expressed optimism about the future of bilateral relations and indicated that further engagements would follow.

“As the second Deputy President of South Africa to visit India, I want to affirm that though this trip is my first visit, it is the beginning of many to come. I look forward to returning to India in the near future to further strengthen our relations, deepen our economic partnership, and advance sustainable development,” he said. 

Deputy President Mashatile concluded by thanking the Government and people of India for their hospitality during the visit. – SAnews.gov.za

DikelediM

8

Address by President Cyril Ramaphosa on The Presidency Budget Vote 2026, National Assembly, Parliament

Source: President of South Africa –

Speaker of the National Assembly, Ms Thoko Didiza,    
Ministers and Deputy Ministers,
Honourable Members,
Fellow South Africans,

Thirty years ago, the people of South Africa adopted a Constitution that transformed our country from a divided past into a democratic future. 

That Constitution remains our national covenant. It is the foundation upon which we are building a society founded on freedom, dignity, equality and opportunity for all.

The Constitution mirrors the hopes and aspirations of the millions of South Africans who played a direct role in drafting it. 

Our Constitution reflects the desire of our people for a government that is responsive, open and accountable. 

The Constitution reflects our people’s desire for a democracy where all three spheres of government serve the public interest, where power is exercised in accordance with the law, and where those entrusted with authority are subject to scrutiny and oversight.

This Presidency Budget Vote is the first to be considered since the National Assembly’s Committee on The Presidency was established in December 2025.

The Presidency welcomes the establishment of the Committee and members of this House can be assured of our full support for its work. 

Strengthening parliamentary oversight is good for transparency, accountability and our democracy. 

The Presidency occupies a unique place within Government in that it is not a service delivery department. 

The Presidency does not build roads, deliver water or supply medicines to clinics. 

The Presidency is not simply a coordinating institution. 

It is the strategic centre from which Government drives implementation, resolves blockages, mobilises partnerships and ensures that the commitments we make to the people of South Africa are translated into tangible results. 

The Presidency’s key role is:

Firstly, to drive inclusive growth and job creation. 

Secondly, to reduce poverty and tackle the high cost of living. 

Thirdly, to build a capable, ethical and developmental state.

The Presidency ensures that the efforts of departments, provinces, municipalities and social partners are coordinated, focused and directed towards the achievement of our developmental objectives.

Because The Presidency’s role is strategic rather than operational, its budget necessarily differs from those of frontline departments. 

Unlike frontline departments whose budgets are primarily directed towards service delivery, The Presidency’s mandate is to provide strategic leadership across the entire State.

Its resources are therefore invested in long-term planning, policy coordination, evidence-based decision-making, performance monitoring and implementation oversight. 

These functions are indispensable to ensuring that public resources are used effectively, that Government programmes deliver measurable outcomes and that the priorities of the nation are translated into action.

During the course of this financial year, The Presidency will focus its work on the priorities set out in the State of the Nation Address (SONA).

The first priority we set out in SONA is to grow the economy and create jobs.

Following years of challenges, our economy is on the mend. 

The macroeconomic environment has improved, tax collection revenues remain strong, public finances are in better shape and national debt has stabilised. 

Last week, the ratings agency Moody’s lifted South Africa’s rating outlook from stable to positive. This comes six months after S&P lifted South Africa’s credit rating for the first time in two decades. 

With dedicated investment expertise, The Presidency continues to coordinate the national investment drive. 

In March, we held a successful 6th South Africa Investment Conference, where we secured pledges in excess of R890 billion in industries across the economy.

Significantly, a substantial portion of investment commitments were from domestic investors. When local investors show confidence in the prospects of the economy, international investors follow suit.

Economic growth is not an end in itself. Its purpose is to create work, restore hope and expand opportunity. Every investment secured, every infrastructure project completed and every reform implemented must ultimately improve the lives of ordinary South Africans.

The Presidency is also working with the relevant department to protect jobs in the auto, cement, steel and other distressed sectors.

We have embarked on the largest infrastructure build in South Africa’s history. 

Over the next three years, the state will be investing R1 trillion in building and refurbishing roads, dams, schools, hospitals and clinics, as well as energy, logistics and transportation infrastructure.

The Presidency is coordinating efforts to broaden markets for South African goods.

We are strengthening our trade relations with our main trading partners, including a number of countries on the African continent, the European Union, the United States and China, while expanding the diversity and volume of our exports to other parts of the world.

For close to two decades, load shedding was one of the single largest constraints to economic growth and social development.

Through the National Energy Crisis Committee – and thanks to the efforts of Eskom, Government departments and social partners – the country has recorded more than a year without load shedding. 

Eskom has returned to financial and operational viability. 

New capacity continues to be added to the national grid including from renewables.

We are now working to bring load reduction experienced by communities in many municipalities to an end.

Through the focused work of Transnet, supported by the National Logistics Crisis Committee, the performance of our railways and ports is improving.

This is helping to ease longstanding bottlenecks across key economic sectors like mining, agriculture and manufacturing.

We are also seeing progress in other economic sectors.

For example, between January and March this year, agriculture recorded an 11 percent increase in export earnings compared to the same period last year. 

South Africa is now the world’s largest exporter of citrus by volume.

Access to productive land is essential to further grow our agricultural output, create jobs and lift people out of poverty. 

Over time, government has acquired around 2.5 million hectares of land under the Proactive Land Acquisition Strategy programme. 

This land has generally been leased to beneficiaries on a short-term basis, which limits their ability to borrow money, invest in the land, grow agricultural production and contribute to the rural economy. 

As part of our efforts to revitalise rural economies, to strengthen land rights and support the inclusion of black farmers in commercial agriculture, we have embarked on a concerted programme to release this land with title deeds to deserving beneficiaries. 

The Minister of Land Reform and Rural Development will outline the details of the programme to convert agricultural leases to title deeds.

In other areas of the economy, such as tourism, there is significant growth. 

South Africa recorded 10.5 million international tourist arrivals last year, which is the highest number of visitors on record.

And in the first quarter of this year, tourist arrivals were up by more than 12 percent compared to the same period last year.

These are some of the indicators of progress in pursuit of inclusive growth that creates jobs. 

They are the building blocks upon which investments are being secured and opportunities are being created for the people of South Africa.

Even while there is clear progress, events far from our shores are threatening to slow our emerging economic recovery.

The attack by the United States and Israel on Iran – and the conflict that has now engulfed much of the region – has set off a global oil crisis. 

The effects of the surge in oil prices – and of other critical supplies like fertiliser – are likely to undermine much of the progress we had made in bringing down inflation and the cost of living.

Together with disruptions to the global economy, these developments are likely in the immediate term to slow economic growth and hamper our efforts to create jobs.

We should anticipate that conditions will be difficult for the next while.

These developments are unfolding as the latest employment figures from Stats SA show a decline in employment in the last quarter.

We know from experience that it often takes time for investment to translate into economic growth, and for growth to translate into jobs. 

But we must still be deeply concerned about the decline in employment, because it is about people’s lives and livelihoods.

These difficulties underline the urgency of the work we are doing. We must move faster and with greater focus to implement our priority actions.

Another of the priorities we identified in SONA is to fight crime and corruption. 

We continue to rebuild and strengthen our law enforcement agencies, security services, National Prosecuting Authority and specialised anti-corruption bodies.

A critical area of focus is the South African Police Service.

We look forward to receiving the final report of the Commission of Inquiry into Criminality, Political Interference and Corruption in the Criminal Justice System which is chaired by Judge Mbuyiseli Madlanga.

The findings and recommendations of the Commission are expected to bolster our efforts to strengthen the SAPS.

The work of the Commission is already having an impact.

Following the submission of the Commission’s first interim report in December last year, the South African Police Service, working with the National Prosecuting Authority, set up a special task team to investigate referrals arising from the Commission. 

This task team has begun its work in earnest and has already brought a number of cases to court.

We must be unequivocal: public office is a public trust. 

Those who abuse public resources for private gain betray the Constitution, undermine development and steal from the poor.

There will be no tolerance for corruption, regardless of position, status or political affiliation.

The Presidency continues to oversee and coordinate the implementation of the recommendations of the State Capture Commission.

Of the 60 actions contained in our implementation plan, 80 percent are complete, substantially complete or on track. 

The recoveries by law enforcement linked to the work of the Commission now stand at over R17 billion.

Ten new Acts have been passed to close the gaps that state capture exploited.

These include acts to enable prosecution-led investigation of corruption, reform public procurement, professionalise public administration and overhaul our intelligence services.

Cabinet recently approved for public comment a draft Bill to amend the Protected Disclosures Act. This Bill aims to strengthen the protection of whistleblowers and is a vital pillar of our fight against corruption.

The Presidency is at the forefront of mobilising South Africans from all walks of life behind the national effort to end violence against women.

It exercises stewardship over the implementation of the National Strategic Plan to combat Gender-Based Violence and Femicide.

In November last year, gender-based violence and femicide was classified as a national disaster, and Cabinet has approved an action plan to tackle this crisis and commit the necessary resources.

Prevention is our priority. We are therefore increasing our efforts to promote positive masculinity, focused on boys and young men in schools, communities and organisations.

We continue to strengthen the response of the police, prosecutors and courts, and are improving support and care for survivors of gender-based violence.

Another important area is the economic empowerment of women through capacity building, improved access to public procurement and greater involvement in the value chains of key industries.

As we work to build a safer, more stable and more prosperous society, we need to address the challenge of migration.

When it is well managed and regulated, migration can help drive growth and opportunity for South Africans. 

However, we need to deal with illegal migration.

We have seen how illegal immigration can put pressure on our public services and undermine our efforts to create decent work.

As announced in SONA, Government is taking decisive action to address this challenge. 

We are cracking down on violations of immigration laws.

We are increasing our inspections of workplaces and prosecuting employers who violate our labour laws.

We are strengthening border security, stamping out corruption in the immigration system and closing the loopholes in fragmented immigration laws. 

We must be clear: every person in South Africa – whether they are citizens or foreign nationals – must respect our laws, and the rights of every person in our country must be upheld.

We must never give in to violence, xenophobia or vigilantism. 

As a society, we must stand against all forms of disinformation, incitement, racism and ethnic mobilisation.

We will strengthen and enforce our laws, while upholding the Constitution and the human dignity of all. This will enable us to deal with illegal immigration without turning against one another.

Another critical priority we outlined in the State of the Nation Address is to urgently resolve the water crisis affecting many parts of the country.

Drawing on our experience in ending load shedding, we have established the National Water Crisis Committee.

Coordinated from the centre of Government, the committee has begun implementation of the National Water Action Plan to address weaknesses in the management and delivery of water services.

Through the plan, we will pursue both immediate relief and lasting structural reform.

In the short term, national Government will intervene directly in municipalities facing acute water failures using existing constitutional and legislative powers.

Over the medium to long term, the water delivery model will be overhauled. 

Municipalities will be required to ring-fence water revenues so that what consumers pay for water is reinvested directly into fixing pipes, reservoirs and pumping stations.

We are also working to overhaul local Government so that it works for the people.

This is vital if we are to improve people’s lives. 

The true test of government is not what happens at the Union Buildings or in the Houses of Parliament. 

The true test is whether water flows from a tap, whether a streetlight works, whether refuse is collected, whether a road is maintained and whether a community feels safe. 

That is why fixing local Government is among the most urgent priorities of this administration.

It is vital to growing our economy and creating jobs. 

If the conditions for investment in our cities and towns are unfavourable, if there is a lack of electricity or water or poorly managed infrastructure, investors simply take their business elsewhere. 

That is why we continue to prioritise the revitalisation of local Government and to support efforts towards finalising the revised White Paper on Local Government.

As we undertake the far-reaching reforms outlined in the White Paper, The Presidency is using the working group model to support large metros. 

This model brings together The Presidency, municipalities, provincial government, business, SOEs, organised labour and representatives from civil society to implement priority interventions to turn municipalities around.

In 2024, we established the Presidential eThekwini Working Group, and in March last year, the Presidential Johannesburg Working Group.

Across all the metros in the country, we have prioritised key reforms to ring-fence revenue in the trading services. 

These reforms will enable greater investment in water, energy and waste management infrastructure to meet the growing service delivery demands in our cities. 

Another priority from the State of the Nation Address is to tackle youth unemployment and overhaul skills development in the country.

The Presidency is the coordinator of the Presidential Employment Stimulus and the Presidential Youth Employment Intervention.

For the current financial year, we will be expanding the National Youth Service under the Presidential Youth Employment Intervention to 100,000 community service youth employment opportunities.

The Presidency also supports the Youth Employment Service initiative led by the private sector, which connects unemployed youth with work experience opportunities.

The on-the-job training and skills development that beneficiaries receive through these programmes improves their labour market prospects and prepares them for opportunities to become entrepreneurs. 

We are implementing the commitments I made in SONA to overhaul the skills system. 

We are working to transition TVET colleges to offer occupational qualifications with embedded workplace experience, allowing more graduates to transition into employment.

We are also working to rationalise and reform the SETA system to strengthen industry ownership and reorient the Levy-Grant Incentive structure.

Community Education and Training colleges are being strengthened as pathways into livelihoods, micro-enterprise and second-chance education.
 
We are focusing on outcomes-based funding by reforming the National Skills Fund and scaling-up of the Jobs Boost Outcomes Fund.

Building a capable, developmental state is both a SONA priority and one of the three strategic priorities outlined in the Medium Term Development Plan.

A strong, capacitated and professional Presidency is the engine room of the capable, ethical and, increasingly digital, developmental state we are striving to build.

We are undertaking a broad range of initiatives to strengthen accountability, promote participatory democracy and deepen intergovernmental coordination.

We are advancing participatory democracy through the Presidential izimbizo. 

Through the District Development Model, we are mobilising all spheres of Government and local stakeholders to coordinate planning, budgeting and service delivery implementation in local Government.

The Presidency has a central role in advancing South Africa’s global and continental agenda.

The President and Deputy President continue to participate in outward investment missions and business forums with key trading partners.

This is part of deepening economic diplomacy efforts to attract investment in key sectors such as agriculture, critical minerals and manufacturing value chains.

A central part of this work is the advancement of the African Continental Free Trade Area, which presents unprecedented opportunities for trade, investment and industrialisation across the continent.

We continue to support key initiatives of South Africa’s G20 Presidency. These include the International Panel on Inequality, which is in the process of being formally established.

This year, South Africa will be assuming the chairship of SADC and will focus on advancing stability, cooperation and integration across our region.

We will continue to be involved with diplomatic efforts in support of peace processes in areas such as the Eastern DRC and South Sudan.

We continue to use our membership of the G20, BRICS, the Non-Aligned Movement and other bodies to assert the primacy of international law and the centrality of the United Nations in global affairs.

We remain convinced that the right to sovereignty and self-determination be extended to all people, including the people of Palestine, Western Sahara and Cuba.

The country will soon also be embarking on the next phase of the National Dialogue as we strive to chart a new course for our country.

Between June and August this year, pilot dialogues will be held across the country. These will include ward-based engagements, digital engagements and sectoral dialogues.

I call on all South Africans to come together once more and be part of crafting a new vision for South Africa.

Honourable Members,

The State of the Nation Address sets out the line of march.

The budget process gives effect to Government’s plans and programmes for the year ahead.

We have sought to outline the role of The Presidency in driving the national priorities.

We have sought to demonstrate the value of this strategic coordination, the progress that has been made and how we plan to build on that progress in the year ahead.

The progress we have made to date is not a product of chance.

It is the result of deliberate state action to drive a structural reform agenda across Government and with business, labour and other social partners.

The progress we are witnessing owes much to strategic direction from The Presidency to unlock growth and restore investor confidence.

Even as our economy is recovering, there is much still to be done.

Our people need jobs and the economy needs to grow at a pace that will create them. 

Local Government must be fixed with urgency and the state of service delivery must be turned around.

Corruption must be uprooted. Crime must be stamped out.

Government must serve the people and treat them with respect and dignity.

Work must now continue in earnest. 

Let us not allow ourselves to be deterred by distractions or political intrigue. 

The National Executive, Parliament and our courts are mandated to serve the South African people and give effect to the promise of the Constitution. 

This must be our overriding priority.

As I conclude, I express my gratitude to Deputy President Paul Mashatile, Minister in The Presidency, Khumbudzo Ntshavheni and Deputy Ministers, Nonceba Mhlauli and Kenny Morolong.

I also express my gratitude to the Director-General in The Presidency and all the advisers and officials who make this important institution at the heart of Government work.

I hereby commend this Budget Vote of The Presidency to the National Assembly and look forward to the debate. 

I thank you.

Government intensifies fight against corruption, illegal immigration 

Source: Government of South Africa

Government intensifies fight against corruption, illegal immigration 

President Cyril Ramaphosa says government will intensify efforts to combat corruption, address illegal immigration, tackle the water crisis and turn around struggling municipalities as part of a broader drive to build a capable and developmental State.

Addressing Parliament during the Presidency Budget Vote on Tuesday, President Ramaphosa said strengthening law enforcement institutions and restoring public confidence in government remain key priorities. 

“We continue to rebuild and strengthen our law enforcement agencies, security services, National Prosecuting Authority and specialised anti-corruption bodies,” he said.

The President said government was awaiting the final report of the Commission of Inquiry into Criminality, Political Interference and Corruption in the Criminal Justice System, chaired by Judge Mbuyiseli Madlanga.

He said the commission’s recommendations were expected to strengthen the South African Police Service (SAPS) and broader efforts to combat corruption and organised crime.

According to President Ramaphosa, a special task team established by SAPS and the National Prosecuting Authority following the commission’s first interim report had already begun bringing cases before the courts.

The President reiterated government’s commitment to rooting out corruption.
“We must be unequivocal: public office is a public trust. Those who abuse public resources for private gain betray the Constitution, undermine development and steal from the poor.

“There will be no tolerance for corruption, regardless of position, status or political affiliation,” he said. 

President Ramaphosa reported significant progress in implementing recommendations of the State Capture Commission. 

“Of the 60 actions contained in our implementation plan, 80% are complete, substantially complete or on track,” the President said. 

He added that recoveries linked to state capture investigations now exceeded R17 billion.
“The recoveries by law enforcement linked to the work of the Commission now stand at over R17 billion,” he said. 

The President said ten new laws had been enacted to address weaknesses exposed by State Capture, including legislation aimed at improving procurement systems, professionalising the public service and reforming intelligence services.

Government had also approved a draft amendment to the Protected Disclosures Act for public comment.
“This Bill aims to strengthen the protection of whistleblowers and is a vital pillar of our fight against corruption,” the President said.

GBVF 

He also highlighted government’s efforts to combat gender-based violence and femicide (GBVF), which he said had been classified as a national disaster in November last year.

“In November last year, gender-based violence and femicide was classified as a national disaster, and Cabinet has approved an action plan to tackle this crisis and commit the necessary resources,” he said. 
The President said prevention remains a priority, with increased focus on promoting positive masculinity among boys and young men.

Migration 

On migration, the President acknowledged growing public concerns about illegal immigration and its impact on public services and employment opportunities. 

“As announced in SONA [State of the Nation Address], government is taking decisive action to address this challenge. We are cracking down on violations of immigration laws.” 

The President said government was increasing workplace inspections, prosecuting employers who break labour laws, strengthening border security and addressing corruption within the immigration system.
At the same time, he warned against xenophobia and vigilantism.

“We must never give in to violence, xenophobia or vigilantism. We will strengthen and enforce our laws, while upholding the Constitution and the human dignity of all,” the President emphasised. 

Resolving the water crisis 

A major focus of government’s programme for the coming year will be resolving South Africa’s worsening water crisis. 

President Ramaphosa told Parliament that government had established a National Water Crisis Committee to coordinate implementation of the National Water Action Plan.

“Drawing on our experience in ending load shedding, we have established the National Water Crisis Committee,” he said. 

The committee will oversee both emergency interventions and long-term reforms aimed at improving water management and service delivery.

“In the short term, national government will intervene directly in municipalities facing acute water failures using existing constitutional and legislative powers,” he said. 

Fixing local government

The President said municipalities would also be required to ring-fence water revenue to ensure funds generated from water services were reinvested into infrastructure maintenance and upgrades.

He stressed that fixing local government was among the administration’s most urgent priorities.

“The true test of government is not what happens at the Union Buildings or in the Houses of Parliament. The true test is whether water flows from a tap, whether a streetlight works, whether refuse is collected, whether a road is maintained and whether a community feels safe.” 

President Ramaphosa said poor municipal performance was undermining economic growth and discouraging investment. 

“If the conditions for investment in our cities and towns are unfavourable, if there is a lack of electricity or water or poorly managed infrastructure, investors simply take their business elsewhere,” he said. 

To address these challenges, government is continuing to support reforms contained in the revised White Paper on Local Government and has expanded collaborative working groups in major metropolitan municipalities, including eThekwini and Johannesburg.

The President also announced plans to expand youth employment programmes, including the National Youth Service, which will provide 100 000 community service opportunities during the current financial year.

As government implements its reform agenda, President Ramaphosa called on all South Africans to participate in the next phase of the National Dialogue process, with pilot engagements scheduled to take place between June and August.

“I call on all South Africans to come together once more and be part of crafting a new vision for South Africa,” he said. 

He concluded by saying government must remain focused on improving service delivery, creating jobs, combating corruption and strengthening democratic institutions.

“Work must now continue in earnest. Let us not allow ourselves to be deterred by distractions or political intrigue,” the President said. – SAnews.gov.za

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eThekwini distances itself from alleged housing fraud

Source: Government of South Africa

eThekwini distances itself from alleged housing fraud

The eThekwini Municipality has moved to clarify its role following an alleged housing fraud case linked to a beneficiary of the Illovu Housing Project, stressing that the suspect is not a municipal employee.

According to the municipality, media reports incorrectly identified the suspect as an employee of eThekwini Municipality. The city said the accused is employed by a private company.

The allegations against the suspect relate to claims that she falsely declared herself unemployed in an attempt to qualify for housing assistance under the Illovu Housing Project, which was established to assist families affected by the 2022 floods.

The municipality noted that individuals earning more than R3 500 per month do not qualify for a housing subsidy.

According to the city, the discrepancy was detected by the KwaZulu-Natal Department of Human Settlements, which is responsible for implementing the project, as well as registering and approving beneficiaries.

While the identities of those alleged to have collaborated with the suspect have not been disclosed, eThekwini Municipality emphasised that it has not been involved in the subsidy registration, or approvals of potential beneficiaries linked to the Illovu Housing Project.

“The approval and non-approval of beneficiaries is managed through the Housing Subsidy System, which is managed by the Provincial Department of Human Settlements and not eThekwini Municipality,” the municipality said in a statement on Tuesday.

The municipality added that all beneficiary approvals for the project are undertaken by the Provincial Department of Human Settlements.

The city said it is disappointed by the false narrative being published and called for corrections to be made where incorrect information had been published.

A 64-year-old woman, allegedly acting as the kingpin of a massive cartel, appeared at the Durban Magistrate’s Court last week, for fraudulently obtaining a government-subsidised house intended for 2022 flood victims. The case was postponed to 22 June 2026. – SAnews.gov.za

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Europe is spending billions on deporting migrants. Why the strategy isn’t working

Source: The Conversation – Africa – By Umutcan Yüksel, Analyst /Researcher, European University Institute

For over a decade, the European Union (EU) has relied on external partnerships to increase the return of migrants who don’t have the right to stay in Europe. It has used a growing web of funding instruments, projects and bilateral arrangements to get countries in Africa and the Middle East to cooperate in its bid to send migrants back to their home countries.

Its policies have included incentives such as the EU Emergency Trust Fund for Africa, the Facility for Refugees in Türkiye and the Neighbourhood Development and International Cooperation Instrument.

Billions of euros have been channelled into migration-related projects.

Incentives have been accompanied by coercion. The EU wields the revised Visa Code (Article 25a) as a lever, allowing the European Commission to impose visa restrictions on countries that don’t cooperate.

Alongside this financial and diplomatic leverage, the EU has invested heavily in enforcement infrastructure to increase returns. This includes border equipment, biometric databases, detention capacity and operational support through Frontex, the European border and coast guard agency.

The approach has been dubbed the EU’s externalisation strategy. It assumes that financial incentives can buy cooperation and that enforcement infrastructure can convert political agreements into actual returns.

In Africa, the EU has used funding primarily as a containment tool, while in the Middle East it has been a way to share the burden of the Syrian crisis. Neither model has produced the desired cooperation.

We are policy leader fellows at the European University Institute’s Florence School of Transnational Governance. Building on previous research on EU return and readmission governance, our latest policy brief examines whether the EU’s policies have led to sustained cooperation on returns from Africa and the Middle East. We drew on Eurostat returns data, EU spending records and the European Migration Network.

The short answer: it hasn’t. Return rates remain below 10% across most of Africa. In the Middle East, only a small number of states cooperate meaningfully. Our research confirms that return rates follow regional structural dynamics more than they respond to readmission agreements or funding levels.

We found that financial leverage and enforcement infrastructure have contributed to a more transactional and short-term approach. Cooperation is often negotiated case by case and dependent on short-term political bargaining.

Based on the evidence from our research, we argue that more funding on returns and readmissions will have limited effect on actual returns to countries of origin. We conclude with three recommendations for better aligning the EU’s return objectives with its financial and diplomatic investments.

First, measure the quality of returns rather than the volume alone, including the sustainability and safety of reintegration. Second, prioritise targeted migration diplomacy over broad financial packages, keeping migrant rights central to EU partnerships. And third, expand investment in legal labour migration pathways, currently under 10% of total EU migration spending.

Impact

The return rate of African migrants is, on aggregate, 9.9%. This figure masks dramatic sub-regional variation. North Africa’s 11.2% return rate is partly driven by cooperation with Morocco and Tunisia. In contrast, return rates are lower in west Africa (7.5%) and east Africa (7.9%), regions that generate many irregular arrivals to Europe and receive substantial EU migration funding.

In the Middle East, the region’s overall return rate is 16.8%. There is strong cooperation with Jordan (57.0%) and Iraq (35.4%). Yemen remains at 2.1%, underlining that high funding and political will cannot substitute for basic conditions of safety and state functionality in countries of origin.

Voluntary return programmes, often supported with reintegration funding, are widely promoted as a more humane alternative to forced deportations. Yet the boundary between the two is often blurred: migrants may opt for “voluntary” return after receiving a return order, facing detention, or losing access to legal stay. Assisted return is rarely a pre-planned choice for migrants – it is mostly a last resort.

The answers

We make three recommendations. First, measure the quality of returns, including the sustainability and safety of reintegration. Understanding returnees’ experiences can help ensure that return policies do not lead to renewed displacement or onward migration.

To support this, reintegration programmes should adopt standardised indicators covering areas such as housing, income, access to healthcare, education, legal status, and overall well-being. Outcomes should be monitored over the longer term, and onward migration or re-displacement tracked as indicators of policy failure.

Second, prioritise targeted migration diplomacy over broad financial packages. Sustained engagement with specific partners can produce more lasting outcomes than broad financial packages. At the same time, migrant rights and international protection standards must be upheld.

Third, expand investment in legal labour migration pathways, like schemes that match training in countries of origin with labour shortages in the EU.

The EU should increase dedicated funding, streamline recognitions and visa processes and provide incentives for stronger private sector engagement.

Qualified migrants could then work legally and support economic development in both origin and destination countries.

Migration cooperation is ultimately political. Enforcement tools are not effective if there is no political cooperation.

– Europe is spending billions on deporting migrants. Why the strategy isn’t working
– https://theconversation.com/europe-is-spending-billions-on-deporting-migrants-why-the-strategy-isnt-working-282741

Cultural bias in west Africa’s school-leaver exam questions puts many students at a disadvantage

Source: The Conversation – Africa – By David Baidoo-Anu, Assistant Professor, Frazer Faculty of Education, Ontario Tech University

The West African Senior School Certificate Examination (WASSCE) is a high-stakes test. For decades, it has served as the gateway to post-secondary education across five countries: Ghana, Nigeria, Sierra Leone, Liberia and The Gambia. But is it fair?

David Baidoo-Anu and Monsurat Raji say their research shows that cultural bias in exam questions can put students at a disadvantage. This happens through language, contexts and examples. It raises questions about what counts as “ability” in standardised testing.


Why do students in the five countries write the same exam?

The exam is administered by the West African Examinations Council. This was established in 1952 during the colonial era to oversee standardised examinations across British West Africa.

The original aim was to coordinate administration across the region. Universities and employers would be able to interpret and compare qualifications consistently. For their part, students could follow opportunities across borders.

Although the examination system has changed over time, it still has a regional structure. It remains deeply tied to university admissions, employment screening and cross-border recognition of qualifications.

Why is this a problem?

The problem is not simply that students across five countries write a similar exam. The deeper concern is that some questions are not culturally responsive. That is, they do not always reflect students’ language backgrounds, cultural references or everyday experiences. Students are not all familiar with particular examples.

Exam questions use language, names, places, stories, images, objects and examples to help students understand what is being asked. These are important features of a quality and equitable assessment. When those features are unfamiliar to a student, a question may become harder to understand. It’s not that students lack ability, but the context of the question does not reflect their experiences.

Our research argues that assessment systems must pay closer attention to this. The language, examples, images and scenarios used in exam questions should be meaningful, fair and responsive to learners’ realities.

Guided by a framework for test design that takes cultural experience into account, we analysed available mathematics, English language and science exam questions from 2019 to 2021 in Ghana and Nigeria. We looked at how the language, contexts, names, images, examples and representations used in test items reflected learners’ societies and cultures. The analysis included characters, places, situations, events and stories used in questions.

What are the differences that matter?

Students don’t interpret questions in a vacuum. They make sense of assessment tasks through their own lived experiences, languages, cultural knowledge and ways of knowing.

Our analysis of the exam questions revealed several concerns. Some questions assumed familiarity with cultural references, examples and experiences that may not be shared by all across the region. One major finding was that many exam contexts and character names reflected mostly western experiences and identities, rather than African ones. Some English language questions, for example, used unfamiliar western names, settings and literary contexts.

The study also found that some mathematics and science questions relied heavily on complex technical language. There was not enough visual support. This could be a problem for students who may understand the content, but struggle with interpreting the language used.

In several instances, the questions referenced objects, situations, or experiences that may not have been familiar or culturally relevant to African learners, potentially affecting their interpretation and responses.

Another key finding was that images, diagrams and abstract representations were sometimes used without adequate explanations. In some cases, there were no visuals that could have improved students’ understanding of questions. In other cases diagrams lacked sufficient contextual explanation.

Why is the exam so important?

Exam results determine access to universities, scholarships, jobs and future social mobility.

In Ghana, for example, students who don’t get the required grades can’t go on to postsecondary education. Some spend years rewriting the exam. Institutions like the Ghana Immigration Service, Ghana Police Service and Ghana Armed Forces require job applicants to pass core subjects such as English and mathematics. The exam is not only a school-leaving certificate, it is also a gateway to formal employment and national service careers.

Reports from Nigeria’s National Bureau of Statistics indicate that the performance of candidates in the exam is generally poor. In 2020 only 36.4% of North-East candidates passed. In 2019, only 47.4% of North-West candidates passed.

The high-stakes nature of examinations has consequences for teaching and learning too. Teachers feel pressured to teach primarily for exam performance rather than for deep understanding or meaningful learning.

Examinations that aren’t socioculturally responsive can make existing inequalities even more pronounced.

What solution do you propose?

We don’t argue that west Africa should abandon regional exams or standardised assessments altogether. Rather, we argue that assessment systems should become more responsive to the students’ societies and cultures. They need to be more equitable.

Equitable examination isn’t simply about giving every student exactly the same examination. It should give all students fair opportunities to understand what’s expected of them and to demonstrate what they know.

We propose that examination developers pay greater attention to students’ languages, lived experiences, cultural contexts and ways of making meaning.

Practically, this means:

  • using clearer and more accessible language in questions

  • including visuals and representations

  • using culturally relevant and locally meaningful examples

  • reviewing examination items for cultural bias

  • involving educators, students, linguists and local communities from different regions in the design and review of assessment items.

This approach does not weaken standards. Rather, it strengthens the validity and fairness of assessment. It would measure students’ actual knowledge and abilities rather than their familiarity with dominant cultural norms or linguistic conventions.

We also propose that examination bodies involve communities throughout the process of developing tests.

How does your solution address differences between countries in the region?

This approach keeps the regional examination system but is more sensitive to national and local realities. The participating countries share some educational histories, but they differ in language use, cultural practices, school resources, rural and urban experiences, and everyday examples familiar to students.

A socioculturally responsive approach would require examination bodies to review whether the language, images, examples and scenarios used in questions are meaningful across these different contexts.

– Cultural bias in west Africa’s school-leaver exam questions puts many students at a disadvantage
– https://theconversation.com/cultural-bias-in-west-africas-school-leaver-exam-questions-puts-many-students-at-a-disadvantage-283154

Global supply chains keep workers poor: three case studies show how the cycle can be broken

Source: The Conversation – Africa – By Annika Surmeier, Senior Lecturer, Graduate School of Business, University of Cape Town, University of Cape Town

Globally, about one in five people in jobs live in poverty. A key reason lies in how global supply chains are organised. From agriculture to tourism, many jobs are embedded in systems that keep wages low, even as they generate value for international markets.

This has brought renewed urgency to the living wage debate. In 2024, the International Labour Organisation (ILO) formally endorsed general principles for defining and calculating living wages across different national contexts, including guidance on wage-setting and implementation. Living wages are pay for work that is high enough for the worker and their family to sustain a decent life.

We are researchers working on living wages, labour conditions and sustainable livelihoods, including those in global value chains in Africa. We argue that the growing recognition of living wages shifts the question from whether workers should earn enough to live on to how to make it happen.

But turning this idea into reality is far from straightforward. Our recent article, based on evidence from Africa, shows that some well-intentioned efforts to raise wages can backfire, while alternative approaches tailored to the local context are beginning to show more promise.

Our research is focused on socially innovative organisations in Africa. It shows that change is possible. But only if the focus shifts beyond compliance in the form of tick-box approaches and policing, and instead fosters collaboration between buyers, suppliers, workers and other actors across the value chain. This also requires moves away from constant cost-cutting through low wages and precarious work and towards supply chains that support sustainable livelihoods.

Why workers in global supply chains earn so little

Our research has analysed living wages, labour conditions and social innovation across supply chains in sectors including agriculture and tourism. It showed that global supply chains often place suppliers and workers under intense pressure to reduce costs. This is because today’s global economy is organised through complex supply chains that stretch across countries. Products like fruit, coffee or clothing are often produced in lower-income countries and sold in wealthier markets.


Read more: Ghana’s cocoa farmers are trapped by the chocolate industry


These systems create efficiencies and economic opportunities. But they also concentrate power in the hands of large multinational buyers, such as supermarkets or global brands. These companies typically control pricing, standards and purchasing conditions.

As a result, lead companies capture most of the value, while suppliers – and especially workers – receive a much smaller share. In some industries, producers capture only a fraction of the final retail price. To remain competitive, suppliers are under constant pressure to reduce costs.

In this environment, wages are often treated as a flexible expense. This can lead to a “race to the bottom”, where countries and companies compete by keeping labour costs low.

When good intentions go wrong

Our research shows that over the past two decades, many governments and companies along supply chains have tried to improve working conditions through standards and certification schemes. These include specific requirements related to labour conditions, health and safety, and sometimes living wages. But such compliance-based approaches can fail to deliver better outcomes – and can even make matters worse.


Read more: Technology and supermarket chains can help strengthen southern Africa’s food systems


South Africa’s fruit export industry offers a telling example. Supermarkets in Great Britain and Europe impose strict quality and labour standards on fruit producers. At the same time, they push for low prices and high volumes. To be able to meet these standards, farmers face higher costs, but without higher payments from buyers. Many respond by cutting labour costs: replacing permanent workers with seasonal ones, increasing workloads, or reducing benefits. As a result, standards that were designed to improve labour conditions end up contributing to more precarious work.

What works better: collaboration, not just compliance

If standards-driven approaches are not enough, what does work?

We analysed examples in depth through case studies. The cases presented here focus on inclusive tourism in South Africa, speciality coffee in Uganda, and chilli farming in Malawi, Mozambique and Zimbabwe. We found that these more collaborative and locally grounded approaches can make a difference to workers’ livelihoods.

Our first example is Nando’s PERi Farms initiative. The restaurant group works with smallholder chilli farmers in Malawi, Zimbabwe and Mozambique, providing technical support, access to inputs and guaranteed purchase agreements. This has helped farmers increase their incomes and invest in education and housing.

Mountain Harvest, a social enterprise in Uganda, focuses on coffee. The organisation works directly with farmers and pays higher prices for coffee beans to improve farmers’ lives. The company also supports farmers’ income diversification through crops like macadamia and avocado. An in-depth understanding of the local coffee farming context has allowed Mountain Harvest to improve conditions specifically for women employed seasonally as coffee bean sorters, a group who are often overlooked in supply chains.

In South Africa’s tourism sector, the NGO Fair Trade in Tourism has developed a certification standard that goes beyond compliance. It combines living wage requirements with mentoring, peer learning and support to strengthen businesses. We found that participating businesses reported better working conditions, higher staff retention and improved service quality.

Why these approaches succeed

All three examples share key features. First, they recognise that wages cannot be increased in isolation. Higher wages require changes in how value is distributed along the supply chain – including fairer prices paid to suppliers.

Second, they rely on long-term relationships rather than short-term transactions. Stable partnerships give suppliers the confidence to invest in their workforce.

Third, they involve collaboration across businesses, non-profit organisations and local actors. This grounds interventions in local realities.

Finally, they treat workers not just as a cost, but as humans who make important contributions to the quality and sustainability of the business.

What needs to change

Achieving living wages will require more than standards or regulations.

Companies need to rethink their sourcing practices, including how they set prices and manage supplier relationships. Governments and international companies must ensure that labour standards are supported not just by enforcement and fair trade conditions but through collaboration. And consumers, too, play a role in supporting businesses that prioritise fair wages.

– Global supply chains keep workers poor: three case studies show how the cycle can be broken
– https://theconversation.com/global-supply-chains-keep-workers-poor-three-case-studies-show-how-the-cycle-can-be-broken-283806

President outlines economic recovery plan as global tensions threaten growth

Source: Government of South Africa

President outlines economic recovery plan as global tensions threaten growth

President Cyril Ramaphosa says government will intensify efforts to grow the economy, create jobs and attract investment, despite growing global uncertainties that threaten South Africa’s economic recovery.

Delivering the Presidency Budget Vote in the National Assembly on Tuesday, President Ramaphosa said the Presidency remains focused on driving inclusive growth and job creation, reducing poverty and the cost of living, and building a capable and ethical State.

The President said South Africa’s economic outlook has improved following years of challenges.

“Following years of challenges, our economy is on the mend. The macroeconomic environment has improved, tax collection revenues remain strong, public finances are in better shape and national debt has stabilised,” President Ramaphosa told Parliament.

He highlighted recent improvements in South Africa’s international credit outlook, noting that ratings agency Moody’s recently upgraded the country’s outlook from stable to positive, while S&P had lifted South Africa’s credit rating for the first time in two decades. 

President Ramaphosa said the Presidency continues to coordinate the national investment drive and has secured substantial commitments through the South Africa Investment Conference.

“In March, we held a successful 6th South Africa Investment Conference, where we secured pledges in excess of R890 billion in industries across the economy,” he said. 

He welcomed the strong participation of domestic investors.

“Significantly, a substantial portion of investment commitments were from domestic investors. When local investors show confidence in the prospects of the economy, international investors follow suit,” he said.

President Ramaphosa stressed that economic growth should ultimately improve the lives of citizens. 

“Economic growth is not an end in itself. Its purpose is to create work, restore hope and expand opportunity. Every investment secured, every infrastructure project completed and every reform implemented must ultimately improve the lives of ordinary South Africans,” he said. 

The President said government had embarked on what he described as the largest infrastructure build programme in the country’s history.

“Over the next three years, the State will be investing R1 trillion in building and refurbishing roads, dams, schools, hospitals and clinics, as well as energy, logistics and transportation infrastructure,” the President said. 

Government is also working to protect jobs in distressed sectors, including the automotive, cement and steel industries, while expanding export markets for South African products.

President Ramaphosa pointed to improvements in energy security as one of government’s major achievements.

“Through the National Energy Crisis Committee – and thanks to the efforts of Eskom, government departments and social partners – the country has recorded more than a year without load shedding,” the President said.  

He said Eskom has returned to financial and operational viability and that additional electricity generation capacity continues to be added to the national grid.

The President also cited improvements in logistics through reforms at Transnet, saying better performance at ports and on rail networks is helping to ease bottlenecks affecting mining, agriculture and manufacturing.

Agriculture remains a key growth sector, he said.

“For example, between January and March this year, agriculture recorded an 11% increase in export earnings, compared to the same period last year,” he said. 

President Ramaphosa further announced a major land reform initiative aimed at strengthening the position of black farmers.

“As part of our efforts to revitalise rural economies, to strengthen land rights and support the inclusion of black farmers in commercial agriculture, we have embarked on a concerted programme to release this land with title deeds to deserving beneficiaries,” he said.

He added that the Minister of Land Reform and Rural Development would provide details of plans to convert agricultural leases into title deeds. 

Tourism on the rise

Tourism is also showing strong growth, with South Africa recording 10.5 million international tourist arrivals last year, the highest on record.

However, the President warned that escalating conflict in the Middle East could undermine economic gains.

“The attack by the United States and Israel on Iran – and the conflict that has now engulfed much of the region – has set off a global oil crisis,” President Ramaphosa said. 

He said rising oil and fertiliser prices were likely to place pressure on inflation and increase the cost of living. 

“The effects of the surge in oil prices – and of other critical supplies like fertiliser – are likely to undermine much of the progress we had made in bringing down inflation and the cost of living,” the President said.

President Ramaphosa cautioned that economic conditions were likely to remain difficult in the short-term, particularly as recent labour market data shows a decline in employment.

“We know from experience that it often takes time for investment to translate into economic growth, and for growth to translate into jobs. But we must still be deeply concerned about the decline in employment, because it is about people’s lives and livelihoods,” he said. 

The President said these challenges underscore the urgency of implementing government’s economic reform agenda and accelerating measures aimed at creating jobs and stimulating growth. – SAnews.gov.za

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Merck Foundation Chief Executive Officer (CEO) Dr. Rasha Kelej together with Kenya First Lady support the education of 47 Kenyan Schoolgirls by providing Annual Scholarships till they Graduate

Source: APO

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany officially launched their Educating Linda program in Kenya in partnership with The First Lady of Kenya & Ambassador of “Merck Foundation More Than a Mother” at the Kenya State House. The program was chaired by Chairman of Merck Foundation Board of Trustees, Prof. Dr. Frank Stangenberg-Haverkamp, CEO of Merck Foundation, Dr. Rasha Kelej and The First Lady of Kenya, H.E. Mrs. RACHEL RUTO E.G.H..

Senator, Dr. Rasha Kelej (Ret.), CEO of Merck Foundation and President of “More Than a Mother” Campaign said, “I am very happy to meet my dear sister, H.E. Mrs. RACHEL RUTO E.G.H., First Lady of Kenya & Ambassador of “Merck Foundation More Than a Mother”, and officially launch our Educating Linda program in the country, to support girl education.

As a part of Educating Linda, we are providing annual scholarships to 47 deserving, high performing, yet underprivileged Kenyan schoolgirls, till they finish their education. This will ensure they are not forced to abandon their education due to financial hardship. We truly believe that an educated girl transforms the entire community.”

H.E. Mrs. RACHEL RUTO E.G.H., First Lady of Kenya & Ambassador of “Merck Foundation More Than a Mother”, expressed, “I deeply appreciate all the programs of Merck Foundation including the Educating Linda program, through which we are providing annual scholarships to our 47 deserving schoolgirls to support their education until they graduate. We believe that every girl in Kenya, and across Africa, deserves the opportunity to pursue her dreams. Every barrier that prevents a girl from going to school must be dismantled, and this program is one powerful means of doing exactly that. I am confident these young girls will reach their full potential and go on to inspire many others.”

During the program, the Merck Foundation Chairman and CEO, together with the First Lady of Kenya, took the opportunity to meet and encourage the Kenyan schoolgirls who are the beneficiaries of the Educating Linda program, and to hear directly from them and their parents about the impact the scholarships have had on their lives.

The Educating Linda program by Merck Foundation in partnership with African First Ladies, is providing annual scholarships to more than 1,250 schoolgirls across 21 African countries, including Botswana, Burundi, Cabo Verde, Central African Republic, Democratic Republic of the Congo, Gabon, The Gambia, Ghana, Kenya, Liberia, Malawi, Mauritius, Namibia, Nigeria, São Tomé and Príncipe, Tanzania, Togo, Zambia, Zimbabwe, and others. The program also ensures that thousands of schoolgirls across Africa receive essential school supplies, removing further practical obstacles to their education.

“When a girl is educated, entire nation is empowered. Educated girls grow into empowered women, who drive prosperity, strengthen families, and advance nations. That is the vision behind everything we do: Girl Education today for Women Empowerment tomorrow,” said Dr. Kelej.

Merck Foundation together has provided 328 scholarships for Kenyan healthcare providers in 44 critical and underserved specialties; including Diabetes, Preventative Cardiovascular Medicine, Cardiology, Endocrinology, Oncology, Fertility, Embryology, Sexual and Reproductive Medicine, Gastroenterology, Psychiatry, Neurology, and many more. During the visit, Merck Foundation also conducted their Alumni Summit 2026, to acknowledge and meet their Alumni. Moreover, they also met and recognized the Merck Foundation Awards Winners of 2024 and 2025.

Merck Foundation in partnership with the First Lady of Kenya is also launching children’s storybooks: “More Than a Mother”, “Educating Linda”, “Jackline’s Rescue”, “Not Who You Are”, “Ride into the Future”, “Sugar Free Jude” and “Mark’s Pressure”. These storybooks address critical social and health issues and will be available in both English and Swahili. Thousands of copies of these storybooks will be distributed to schoolchildren across Kenya.

Merck Foundation and the First Lady of Kenya also annually launch their 8 important awards for best media, film, fashion designs and songs. Together they have also conducted several editions of Merck Foundation Health Media Training Program, enabling Kenyan journalists to be equipped to be the voice of the voiceless and report responsibly and effectively on sensitive subjects including infertility, child marriage, gender-based violence, diabetes, and hypertension.

Details of the Awards:

1. Merck Foundation Africa Media Recognition Awards “More Than a Mother” 2026: Media representatives and media students are invited to showcase their work to raise awareness about one or more of the following social issues such as: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM, and/ or Stopping GBV at all levels.

Submission deadline: 30th September 2026.

2. Merck Foundation Film Awards “More Than a Mother” 2026:  All African Filmmakers, Students of Film Making Training Institutions, or Young Talents of Africa are invited to create and share a long or short FILMS, either drama, documentary, or docudrama to deliver strong and influential messages to address one or more of the following social issues such as: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM, and/ or Stopping GBV at all levels.

Submission deadline: 30th September 2026.

3. Merck Foundation Fashion Awards “More Than a Mother” 2026: All African Fashion Students and Designers are invited to create and share designs to deliver strong and influential messages to raise awareness about one or more of the following social issues such as: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM, and/ or Stopping GBV at all levels.

Submission deadline: 30th September 2026.

4. Merck Foundation Song Awards “More Than a Mother” 2026: All African Singers and Musical Artists are invited to create and share a SONG with the aim to address one or more of the following social issues such as: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM, and/ or Stopping GBV at all levels.

Submission deadline: 30th September 2026.

5. Merck Foundation Media Recognition Awards 2026 “Diabetes & Hypertension”: Media representatives are invited to showcase their work through strong and influential messages to promote a healthy lifestyle and raise awareness about the prevention and early detection of Diabetes and Hypertension.

Submission deadline: 30th October 2026.

6. Merck Foundation Film Awards 2026 “Diabetes & Hypertension”: All African Filmmakers, Students of Film Making Training Institutions, or Young Talents of Africa are invited to create and share a long or short FILMS, either drama, documentary, or docudrama to deliver strong and influential messages to promote a healthy lifestyle raise awareness about prevention and early detection of Diabetes and Hypertension.

Submission deadline: 30th October 2026.

7. Merck Foundation Fashion Awards 2026 “Diabetes & Hypertension”: All African Fashion Students and Designers are invited to create and share designs to deliver strong and influential messages to promote a healthy lifestyle and raise awareness about the prevention and early detection of Diabetes and Hypertension.

Submission deadline: 30th October 2026.

8. Merck Foundation Song Awards 2026 “Diabetes & Hypertension”: All African Singers and Musical Artists are invited to create and share a SONG with the aim to promote a healthy lifestyle and raise awareness about the prevention and early detection of Diabetes and Hypertension.

Submission deadline: 30th October 2026.

Apply here: https://apo-opa.co/49Ce8cx

Entries for all the awards are to be submitted via email to:

submit@merck-foundation.com

Distributed by APO Group on behalf of Merck Foundation.

Contact:
Mehak Handa
Community Awareness Program Manager 
Phone: +91 9310087613/ +91 9319606669
Email: mehak.handa@external.merckgroup.com

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Website: www.Merck-Foundation.com
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About Merck Foundation:
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/4fht7w9), X (https://apo-opa.co/4uMTGhC), Instagram (https://apo-opa.co/4dJPyJ7), YouTube (https://apo-opa.co/4g0EwAy), Threads (https://apo-opa.co/4uarELW) and Flickr (https://apo-opa.co/4dTCTSD).

The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors.

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